Earnings from exports of key farm produce in the first half of 2018 totalled US$10.3 billion, up 9.7% year-on-year. Increases were seen in rice, fruits & vegetables and cashew nut.
Vietnam’s rice exports saw remarkable growth in the first six months of this year, with year-on-year increases of 24.6% in volume and 42.2% in value.
Vietnam earned US$4.15 billion from exports of wood and wooden products in the first six months of this year, marking an increase of 8.4% compared with the same period last year.
As many as 20 products recorded more than US$1 billion in export turnover in the first half of 2018, accounting for 85.6% of Vietnam’s total exports, according to the General Statistics Office (GSO).
Vietnam’s exports to Germany hit US$2.85 billion in the first five months of this year, up 8.6% compared to the same period last year.
China’s reduction of import tax on tra fish will help domestic firms boost exports to the country – the largest market for Vietnamese tra fish.
In the first half of 2018, Vietnam's export revenue was estimated at US$113.93 billion and import revenue US$111.36 billion, with a surplus of US$2.57 billion.
The southernmost province of Ca Mau is striving to earn US$2.5 billion from shrimp exports, and become the largest shrimp breeding hub in the country by 2025.
VOV.VN - The average price of exported pepper saw a sharp drop during the first half of this year and any rebound is forecast to be difficult to achieve in July and the later months of the year, according to the Agro Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
Vietnam shipped close to US$122.4 million worth of rice products to Malaysia in the first five months of 2018, surging 177% from the same period last year.
Vietnam’s export turnover is likely to reach US$236.6 billion in 2018, an increase of 10% against the previous year, amid favourable domestic and foreign economic conditions, say analysts.
The first container of the 2018 Vietnamese lychee crop arrived in Malaysia on July 2 and was warmly welcomed by consumers.
Export turnover of the Mekong Delta province of Tien Giang reached US$1.27 billion in the first half of 2018, a rise of 6.8% year-on-year, said Director of the provincial Department of Industry and Trade Ngo Van Tuan.
More than 140 businesses are taking part in the Vietnam-Laos trade fair in Vientiane from June 28 to July 2 to promote the bilateral friendship, cooperation and development.
Russia has become Vietnam’s top wheat supplier, selling 1.7 million metric tons of wheat to Vietnam between July 2017 and April 2018.
The gross domestic product (GDP) of agriculture, forestry and fishery is estimated to expand from 3.95% to 4.05% in the first six months of 2018, the highest level in 10 recent years.
Vietnam’s total import and export turnover in the first six months of 2018 is estimated to hit US$225.29 billion, showing a year-on-year rise of 13%, according to the General Department of Customs.
VOV.VN - Vietnam’s rice exports are estimated to have reached 3.56 million tons valued at US$1.81 billion during the first half of this year, up 25% in volume and 42% in value against the same period last year, according to the latest statistics from the Ministry of Agriculture and Rural Development.
The southern province of Dong Nai enjoyed a trade surplus of over US$1 billion in the first six months of 2018.
Vietnam earned over US$2 billion from exporting fruits and vegetables in the first half of 2018, a year-on-year rise of 19.7%.
Representatives from Vietnamese and South African enterprises attended a seminar themed “Doing Business with Vietnam 2018”, in Johannesburg city on June 26 as part of the ongoing 25th South African International Trade Exhibition (SAITEX).
Mavin Group has become the first business in Vietnam to officially export fresh pork to a foreign market when the first batch was shipped to Myanmar, a success of not only the company but also the country’s animal farming sector.
VOV.VN - More than 120 businesses and units of Vietnam and Laos will display their products at the Vietnam-Laos Trade Fair 2018 in Vientiane from June 28- July 2, according to a press conference held by the two countries’ ministries of industry and trade and ministries of defence on June 25.
The Middle East has recently been touted as a potential market for Vietnamese seafood exporters due to its rising demand for seafood products, high payment ability, and less strict product standards as compared to the EU, the US and Japan.
Vietnam witnessed growth in textiles and garment exports to most of the major markets in the first five months of 2018, reported the General Department of Vietnam Customs.
Vietnamese enterprises are displaying their products at the 25th South African International Trade Exhibition (SAITEX), which began in Johannesburg of South Africa on June 24.
The forestry sector earned US$4.15 billion from exports in the first six months of the year, accounting for 46% of the yearly plan and up nearly 8.4% year on year.
VOV.VN - The total value of the country’s imports and exports from the beginning of the year to June 15 is estimated at US$204.72 billion, up 13.2% on the same period last year, according to the latest statistics from the General Department of Vietnam Customs.
Vietnamese beef prices have been falling because of a market glut, while imported beef is flexing its competitive muscles, offering higher quality for similar prices.
The Mekong Delta province of Dong Thap, the largest mango producer in the region with 9,200 hectares of mangos and a annual output of nearly 100,000 tonnes, is working to turn mango into a sustainable hard currency earner by 2020.